IDA Ireland Welcome Statement Facebook Expands Investment in Ireland

Dublin, 8th November 2018: IDA Ireland today welcomed the announcement by Facebook that it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in the heart of Ballsbridge in Dublin 4; the premises known as the Bankcentre currently occupied by AIB.

Martin Shanahan, CEO IDA Ireland said, “Facebook has expanded significantly in Ireland in recent years to support its international growth. Today's announcement further deepens its commitment to Ireland, it has become the primary strategic international hub for the company; servicing millions of users across EMEA and the development of its campus in Ireland will provide the company with the potential to expand its operations. We wish Gareth and all the team at Facebook in Ireland every success with their expansion plans.”

Minister for Business, Enterprise and Innovation Heather Humphreys TD, said “The acquisition of this new campus is a landmark day for Facebook, which established its International HQ in Dublin in December 2008 and has expanded significantly in Ireland over the last 3-4 years. Without a doubt, this expansion is a huge vote of confidence in Ireland and our pro-enterprise policies. Above all, it is a testament to the calibre of our rich pool of talent, who have contributed so positively to the company’s global growth in the last decade.”

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